Recent posts

Brazil’s Adjustment: It’s (not) Mostly Fiscal

Much has been said recently about the urgent need...
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The IMF’s Harmful Debt Restructuring Proposal

The International Monetary Fund (IMF) executive...
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What Prevents Pension Reform in Russia?

The Russian finance minister, Anton Siluanov,...
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Ukraine’s Bond Restructuring: Surgery, Conspiracy, and Campaign

Debt restructuring is the second largest source...
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Russia’s Bond: It’s Official! (… and Private … and Anything Else It Wants to Be …)

Ukraine’s bond restructuring talks are in...
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